# PPP loan: ELM TERRACE GARDENS
> **$1.61M** approved 04/13/2020 · Paid in Full · Loan `4426027104`
## Borrower
- **Name:** ELM TERRACE GARDENS
- **Address:** 660 N BROAD ST, LANSDALE, PA, 19446-1955
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 217
## Lender
- **Originating:** Univest Bank and Trust Co
- **Servicing:** Univest Bank and Trust Co (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*